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The Education – An Important Factor On Unemployment And Profession

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  • COSTESCU EMILIA MIHAELA

    (Constantin Brancusi University of Targu Jiu, Faculty of Economics and Business Administration)

Abstract

In this article I intend to explain how a good education system influence the unemployment. The relationship between unemployment and the level of education is obvious: the rate of unemployment decreases as it passes from a lower level of education to a higher, respectively, as they get older. The education contributes to revenue growth to an individual and it is strongly correlated with the reduction of poverty, illiteracy and income inequality. This article contains information on the labor market insertion of young graduates. To perform this analysis I used statistical data available to the National Institute of Statistics of Romania and on other sites in the field. The occupational structure analysis indicates some changes in the last 10 years in Romania and also in the European Union. It is true also, that the crisis had a dramatic impact on economies and labour markets and Romania is experiencing a general decline of the number of jobs available. The higher education graduates find jobs harder which corresponds to the skills acquired in college, so they end up accepting jobs for which they are overqualified, or another jobs in a totally different field. Keywords: educational process, labor market, population, development Journal: Constatin Brancusi University of Targu Jiu Annals - Economy Series

Suggested Citation

  • Costescu Emilia Mihaela, 2013. "The Education – An Important Factor On Unemployment And Profession," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 219-226, December.
    • Handle: RePEc:cbu:jrnlec:y:2013:v:6:p:219-226
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    References listed on IDEAS

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    1. Joseph E. STIGLITZ, 2002. "Employment, social justice and societal well-being," International Labour Review, International Labour Organization, vol. 141(1-2), pages 9-29, March.
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